Removing LTCG: Will it be the magical solution stock markets are looking for?

Indian equity benchmarks, Nifty50 and BSE Sensex are in deep red this year, In fact, they are set for their worst annual stress in over a decade. However, in the last two years MSCI’s Emerging Markets Index has actually seen a jump of 40%. So clearly India is out of favour with foreign investors who are selling here and buying elsewhere.